27 July 2011
Luanda — The Cabinet Council Wednesday in Luanda considered as positive the performance of the State Budget in the first half of this year, Angop learned.
This was announced at the end of the 6th ordinary session of the Cabinet Council chaired by the head of State, José Eduardo dos Santos.
According to the communique released at the end of the session, the report on the budget performance will be submitted to the National Assembly.
On the other hand, the session also analysed a presidential decree on the country’s land tenure policy.
The decree sets the basis for the national policy on land tenure, access, utilisation and development.
The source states that the Government also analysed the presidential decree on the system of tax for public services and goods made available by the governing board of the newly inaugurated Kilamba City, situated 20 kilometres south of Luanda.
On the other hand, with a view to a better strategy for exploration of the pre-sal oil in Angola, the Executive examined a memorandum on the general strategic bases for its exploitation, the communiqué also says.
In this regard, the Cabinet decided to maintain the strategy and legal framework in force in the country and introduce changes based on the use of new technologies available and increase the financial and human resources supporting prospecting and research activities.
The Cabinet Council also analysed the presidential decree that disbands the National Reconstruction Office (GRN) and establishes the Special Works Office (GOE) in replacement, including another one that approves its status.
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First Semester Budgetary Performance Positive – Government